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Distributor Termination Letter
1. Recipient Details: Full legal name and address of the distributor, including any reference numbers
2. Reference Line: Distribution Agreement reference and date
3. Notice of Termination: Clear statement of termination and reference to relevant clause in original agreement
4. Effective Date: Specific date when the termination becomes effective, considering contractual notice periods
5. Legal Basis: Reference to contractual and/or legal basis for termination
6. Outstanding Obligations: Statement of any immediate obligations or payments due
7. Post-Termination Obligations: Reminder of continuing obligations such as confidentiality and non-compete
8. Return of Materials: Instructions regarding return of property, marketing materials, and confidential information
9. Final Account Settlement: Process for settling final accounts and outstanding payments
10. Signature Block: Formal closing, including name and position of authorized signatory
1. Cause for Termination: Include when termination is for cause, detailing specific breaches or reasons
2. Transition Arrangements: Include when specific handover or transition period is necessary
3. Customer Transfer Process: Include when there are specific arrangements for transferring customers
4. Compensation Details: Include when termination triggers specific compensation rights under Danish law
5. Dispute Resolution: Include when there are existing disputes or likely areas of contention
6. Inventory Handling: Include when there is remaining inventory to be addressed
1. Schedule of Outstanding Orders: List of pending orders and their handling
2. Inventory List: Detailed list of remaining inventory and agreed handling procedure
3. Financial Statement: Summary of outstanding financial matters and payment schedules
4. Transition Timeline: Detailed timeline for handover activities and deadlines
5. Customer List: List of customers and agreed handling procedure
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